Final day of the week sees a net -2.2k outflow due to heavy GBTC outflows, possibly linked to the Genesis bankruptcy. Reasonable amount of inflows mainly by BlackRock. https://image.nostr.build/96a5ce314f7419c4e87eedc19c4e64776b1c5a1142c943ae538e577379ef0cbf.jpg
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Thanks root!
As they say down under, you cannot beet a root!
On the week, that’s a net +30,056 BTC. At a very rough average price of $55,000 that’s $1.65B. If the average market cap for the week was $1.1T, the week’s inflows were ~0.15%. It’s not clear to me that we’ve started to see meaningful ETF inflows yet. I think the pump M-W was mainly supply: LT hodlers staying disciplined.